Oil prices were up 64 cents $114.34 a barrel on policy changes to help pacify the eurozone debt crisis.

Siemens Reportedly Plans Thousands of Job Cuts

The engineering conglomerate is in early internal talks to cut thousands of jobs later this years in response to a weakening economy.

Stock Futures, Commodities Edge Up

U.S. stock-index futures, along with several classes of commodities, posted mild gains on Tuesday in cautious trading ahead of events scheduled later in the week.

NMDC Raises Iron Ore Product Prices by 8%-13% for India Market

NMDC Ltd. (526371.BY)--India's largest iron ore producer by sales--has increased the prices of its products by 8%-13% for the domestic market for the July-September quarter, a senior executive said Tuesday.

India's Axis Bank Ltd. (532215.BY) has launched a planned $250 million tap of its 5.125% coupon September 2017 dollar bond to yield 390 basis points over comparable Treasurys, according to a term sheet seen by Dow Jones Newswires Tuesday.

Romney, Obama Battle for Cash Advantage

The GOP and presumed presidential candidate Mitt Romney have almost $60 million more in the bank than President Barack Obama.

DSW Profit Falls, Adjusted Income Beats Estimate

DSW Inc. said Tuesday its second-quarter profit fell to $29.3 million, or 65 cents a share, from $139.9 million, or $3.96 a share, in the year-ago period.

Cnooc Posts Weaker 1st Half Profit On Lower Output

Cnooc Ltd. (CEO) on Tuesday cut its first-half dividend to help pay for its multi-billion-dollar acquisition of Canadian energy producer Nexen Inc. (NXY).

A vice president of Altimo, a shareholder of Russian telecom operator VimpelCom Ltd. (VIP), on Tuesday criticized largest VimpelCom shareholder Telenor ASA (TEL.OS) over its reluctance to accept equal ownership of VimpelCom between foreign and Russian investors.